Polybutene Market: Information by Application (Adhesives, Cosmetics, Electrical Insulation, Fuel and Lubricant Additives, Lubricants, Others), Region (North America, Asia-Pacific, Latin America, Middle East & Africa) — Forecast till 2030
ID: MRFR/CnM/6020-HCR | February 2021 | Region: Global | 140 pages
Market Synopsis
Polybutene Market was valued at USD 1.78 billion in 2016, growing with the CAGR of 4.5% during the forecast period. Polybutene is a plastic resin which exhibit excellent color, cohesive nature, chemical and oxidative stability, and low permeable properties. It has been majorly used as modifiers and extenders in butyl rubbers. Polybutene also helps in reducing tensile strength and heat distortion temperature. Superior properties of polybutene makes it ideal application for flexible automotive components such as gasketing, mudguards, wire jacketing and airbag door covers.
Market Segmentation
The polybutene market has been segmented on the basis of application and region. Based on application, the polybutene market has been segregated into automotive, adhesive, electrical insulation, fuel and lubricant additives, cosmetics and personal care and other. Adhesive based polybutene has been dominating the market, it maintains high flexibility at low temperatures. As an adhesive its chief application are binding and packing majorly used in diapers and feminine products.
polybutene based lubricants segment is projected to witness significant growth owing to wide application in automotive and industrial lubrication replacing mineral oil. Polybutene unique properties such as good lubricity, hydrophobicity, high film strength and non-corrosive nature further augments its application as lubricants in end-use industries.
Key Players
Some of the prominent players in the Polybutene market are BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India).
Market Overview
Growing polybutene based adhesive application in labels & tapes, disposable soft goods and food packaging is expected to drive the market demand. According to market research future report global adhesive tape market is expected to be around USD 62 billion by 2022. Development in packaging, automotive and consumer electronics have offered growth potential for adhesive market. In addition, according to China Adhesives and Tapes Industry Association, China adhesive production in 2014 was 6.59 million tons which has increased by 6.1% from 2013. Thus, rise in adhesive production and consumption is projected to propel polybutene market demand.
Increasing application of polybutene as an electrical insulation in several electronic products is projected to fuel market demand. Government initiative to strengthen economic growth in developing nations such as India, China, Africa, along with population growth and improving standard of living, is favoring global polybutene market. For instance, Electronic Industries Association of India has reported that Indian consumer electronic application production was worth USD 7,836 million in 2016 which has increased to USD 9,090 million in 2017. Thus, shift in consumers lifestyle towards smart lives has surged the demand for convenience electronic goods which has been positively influencing the polybutene application.
Global Polybutene Market Share, by Application, 2017 (%)
Source: MRFR analysis
Regional Analysis
Asia-Pacific dominates the global polybutene market with significant market share owing to rapid industrialization favouring the end-use industries of polybutene. The market growth is supplemented by low labour cost and economic growth. In addition, China and India government initiative to drive economic growth through innovation is expected to boost polybutene market demand. Moreover, recent trend of capacity expansion by global chemical manufacturing companies in emerging economies to meet customer demand is positively influencing the polybutene market growth during review period.
In North America market demand is positively impacted by growing application of polybutene in cosmetic & personal care products. Evolving consumers grooming habitat have increased the usage of cosmetic and skin care products in recent years. Further, increasing skin diseases across the globe has triggered the global consumption of skin care products. For instance, it is estimated that around 9,500 people are diagnosed by skin cancer in U.S. every day according to American Academy of Dermatology. Middle East & Africa and Latin America is expected to witness steady growth during the assessment period owing to rising application of polybutene in fuel and lubricants additive.
Intended Audience
- Polybutene manufacturers
- Traders and distributors of Polybutene
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 1.78 Billion |
| CAGR | CAGR of 4.5% (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Basis of application and region. |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India). |
| Key Market Opportunities | Increasing application of polybutene as an electrical insulation in several electronic products is projected to fuel market demand. |
| Key Market Drivers | Development in packaging, automotive and consumer electronics have offered growth potential for adhesive market. |
Frequently Asked Questions (FAQ) :
Polybutene Market is predicted to grow at 4.5% through forecast period of 2020-2027.
The forecast period for Polybutene Market research report is 2020-2027.
Some of the prominent players in the Polybutene market are BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India).
Global Polybutene Market is dominated by APAC region.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 Application
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5 Industry Overview of Global Polybutene Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Polybutene Market, by Application
7.1 Introduction
7.2 Adhesives
7.2.1 Market Estimates & Forecast, 2020–2027
7.2.2 Market Estimates & Forecast, by Region, 2020–2027
7.3 Cosmetics and Personal Care
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast, by Region, 2020–2027
7.4 Electrical Insulation
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast, by Region, 2020–2027
7.5 Fuel and Lubricant Additives
7.5.1 Market Estimates & Forecast, 2020–2027
7.5.2 Market Estimates & Forecast, by Region, 2020–2027
7.6 Lubricants
7.6.1 Market Estimates & Forecast, 2020–2027
7.6.2 Market Estimates & Forecast, by Region, 2020–2027
7.7 Others
7.7.1 Market Estimates & Forecast, 2020–2027
7.7.2 Market Estimates & Forecast, by Region, 2020–2027
8. Global Polybutene Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast by Application, 2020–2027
8.2.6 US
8.2.6.1 Market Estimates & Forecast, 2020–2027
8.2.6.2 Market Estimates & Forecast by Application, 2020–2027
8.2.7 Canada
8.2.7.1 Market Estimates & Forecast, 2020–2027
8.2.7.2 Market Estimates & Forecast by Application, 2020–2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast by Application, 2020–2027
8.3.6 Germany
8.3.6.1 Market Estimates & Forecast, 2020–2027
8.3.6.2 Market Estimates & Forecast by Application, 2020–2027
8.3.7. France
8.3.7.1 Market Estimates & Forecast, 2020–2027
8.3.7.2 Market Estimates & Forecast by Application, 2020–2027
8.3.8 Italy
8.3.8.1 Market Estimates & Forecast, 2020–2027
8.3.8.2 Market Estimates & Forecast by Application, 2020–2027
8.3.9 Spain
8.3.9.1 Market Estimates & Forecast, 2020–2027
8.3.9.2 Market Estimates & Forecast by Application, 2020–2027
8.3.10 UK
8.3.10.1 Market Estimates & Forecast, 2020–2027
8.3.10.2 Market Estimates & Forecast by Application, 2020–2027
8.3.8 Russia
8.3.8.1 Market Estimates & Forecast, 2020–2027
8.3.8.2 Market Estimates & Forecast by Application, 2020–2027
8.3.12 Netherlands
8.3.12.1 Market Estimates & Forecast, 2020–2027
8.3.12.2 Market Estimates & Forecast by Application, 2020–2027
8.3.13 Rest of Europe
8.3.13.1 Market Estimates & Forecast, 2020–2027
8.3.13.2 Market Estimates & Forecast by Application, 2020–2027
8.4 Asia Pacific
8.4.1 Market Estimates & Forecast, 2020–2027
8.4.2 Market Estimates & Forecast by Application, 2020–2027
8.4.6 China
8.4.6.1 Market Estimates & Forecast, 2020–2027
8.4.6.2 Market Estimates & Forecast by Application, 2020–2027
8.4.7 India
8.4.7.1 Market Estimates & Forecast, 2020–2027
8.4.7.2 Market Estimates & Forecast by Application, 2020–2027
8.4.8 Japan
8.4.8.1 Market Estimates & Forecast, 2020–2027
8.4.8.2 Market Estimates & Forecast by Application, 2020–2027
8.4.9 Australia
8.4.9.1 Market Estimates & Forecast, 2020–2027
8.4.9.2 Market Estimates & Forecast by Application, 2020–2027
8.4.10 Malaysia
8.4.10.1 Market Estimates & Forecast, 2020–2027
8.4.10.2 Market Estimates & Forecast by Application, 2020–2027
8.4.8 South Korea
8.4.8.1 Market Estimates & Forecast, 2020–2027
8.4.8.2 Market Estimates & Forecast by Application, 2020–2027
8.4.12 Rest of Asia Pacific
8.4.12.1 Market Estimates & Forecast, 2020–2027
8.4.12.2 Market Estimates & Forecast by Application, 2020–2027
8.5 Middle East & Africa
8.5.1 Market Estimates & Forecast, 2020–2027
8.5.2 Market Estimates & Forecast by Application, 2020–2027
8.5.6 Saudi Arabia
8.5.6.1 Market Estimates & Forecast, 2020–2027
8.5.6.2 Market Estimates & Forecast by Application, 2020–2027
8.5.7 UAE
8.5.7.1 Market Estimates & Forecast, 2020–2027
8.5.7.2 Market Estimates & Forecast by Application, 2020–2027
8.5.8 Africa
8.5.8.1 Market Estimates & Forecast, 2020–2027
8.5.8.2 Market Estimates & Forecast by Application, 2020–2027
8.5.9 Rest of the Middle East & Africa
8.5.9.1 Market Estimates & Forecast, 2020–2027
8.5.9.2 Market Estimates & Forecast by Application, 2020–2027
8.6 Latin America
8.6.1 Market Estimates & Forecast, 2020–2027
8.6.2 Market Estimates & Forecast by Application, 2020–2027
8.6.4 Brazil
8.6.4.1 Market Estimates & Forecast, 2020–2027
8.6.4.2 Market Estimates & Forecast by Application, 2020–2027
8.6.5 Argentina
8.6.5.1 Market Estimates & Forecast, 2020–2027
8.6.5.2 Market Estimates & Forecast by Application, 2020–2027
8.6.6 Mexico
8.6.6.1 Market Estimates & Forecast, 2020–2027
8.6.6.2 Market Estimates & Forecast by Application, 2020–2027
8.6.7 Rest of Latin America
8.6.7.1 Market Estimates & Forecast, 2020–2027
8.6.7.2 Market Estimates & Forecast by Application, 2020–2027
9. Competitive Landscape
9.1 Introduction
9.2 Market Key Strategies
9.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.1.6 Key Strategies
10.2 Dongfang Hongye Limited Company
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.2.6 Key Strategies
10.3 DAELIM
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Key Developments
10.3.5 SWOT Analysis
10.3.6 Key Strategies
10.4 INEOS
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Key Developments
10.4.5 SWOT Analysis
10.4.6 Key Strategies
10.5 Lubrizol Corporation
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Key Developments
10.5.5 SWOT Analysis
10.5.6 Key Strategies
10.6 LyondellBasell Industries Holdings B.V.
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Key Developments
10.6.5 SWOT Analysis
10.6.6 Key Strategies
10.7 Mitsui Chemicals, Inc.
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Key Developments
10.7.5 SWOT Analysis
10.7.6 Key Strategies
10.8 TPC Group
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Key Developments
10.8.5 SWOT Analysis
10.8.6 Key Strategies
10.9 Ylem Technology Co., Ltd.
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Key Developments
10.9.5 SWOT Analysis
10.9.6 Key Strategies
10.10 Braskem
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Key Developments
10.10.5 SWOT Analysis
10.10.6 Key Strategies
10.11 KEMAT Polybutenes
10.11.1 Company Overview
10.11.2 Financial Updates
10.11.3 Product/Business Segment Overview
10.11.4 Key Developments
10.11.5 SWOT Analysis
10.11.6 Key Strategies
10.12 SOLTEX
10.12.1 Company Overview
10.12.2 Financial Updates
10.12.3 Product/Business Segment Overview
10.12.4 Key Developments
10.12.5 SWOT Analysis
10.12.6 Key Strategies
10.10 MAHARASTHRA POLYBUTENES LTD
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Key Developments
10.10.5 SWOT Analysis
10.10.6 Key Strategies
10.14 A S Harrison & Co Pty Limited
10.14.1 Company Overview
10.14.2 Financial Updates
10.14.3 Product/Business Segment Overview
10.14.4 Key Developments
10.14.5 SWOT Analysis
10.14.6 Key Strategies
10.15 Kothari Petrochemicals
10.15.1 Company Overview
10.15.2 Financial Updates
10.15.3 Product/Business Segment Overview
10.15.4 Key Developments
10.15.5 SWOT Analysis
10.15.6 Key Strategies
11. Conclusion
LIST OF TABLES
Table 1 Global Polybutene Market, by Region, 2020–2027
Table 2 North America: Polybutene Market, by Country, 2020–2027
Table 3 Europe: Polybutene Market, by Country, 2020–2027
Table 4 Asia-Pacific: Polybutene Market, by Country, 2020–2027
Table 5 Middle East & Africa: Polybutene Market, by Country, 2020–2027
Table 6 Latin America: Polybutene Market, by Country, 2020–2027
Table 7 Polybutene Product Market, by Region, 2020–2027
Table 8 North America: Polybutene Product Market, by Country, 2020–2027
Table 9 Europe: Polybutene Product Market, by Country, 2020–2027
Table 10 Asia-Pacific: Polybutene Product Market, by Country, 2020–2027
Table 11 Middle East & Africa: Polybutene Product Market, by Country, 2020–2027
Table 12 Latin America: Polybutene Product Market, by Country, 2020–2027
Table 13 Polybutene Application Market, by Region, 2020–2027
Table 14 North America: Polybutene Application Market, by Country, 2020–2027
Table 15 Europe: Polybutene Application Market, by Country, 2020–2027
Table 16 Asia-Pacific: Polybutene Application Market, by Country, 2020–2027
Table 17 Middle East & Africa: Polybutene Application Market, by Country, 2020–2027
Table 18 Latin America: Polybutene Application Market, by Country, 2020–2027
Table 19 Global Product Market, by Region, 2020–2027
Table 20 Global End-Use Industries Market, by Region, 2020–2027
Table 21 North America: Polybutene Market, by Country, 2020–2027
Table 22 North America: Polybutene Market, by Application, 2020–2027
Table 24 Europe Polybutene Market, by Country, 2020–2027
Table 25 Europe Polybutene Market, by Application, 2020–2027
Table 27 Asia-Pacific Polybutene Market, by Country, 2020–2027
Table 28 Asia-Pacific Polybutene Market, by Application, 2020–2027
Table 30 Middle East & Africa: Polybutene Market, by Country, 2020–2027
Table 31 Middle East & Africa: Polybutene Market, by Application, 2020–2027
Table 33 Latin America: Polybutene Market, by Country, 2020–2027
Table 34 Latin America: Polybutene Market, by Application, 2020–2027
LIST OF FIGURES
FIGURE 1 Polybutene Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Polybutene Market
FIGURE 4 Supply Chain of Polybutene Market
FIGURE 5 Share of Polybutene Market, by Country, 2020 (%)
FIGURE 6 Global Polybutene Market, 2020–2027
FIGURE 7 Sub Segments of Application
FIGURE 9 Polybutene Market size, by Application, 2020 (%)
FIGURE 10 Share of Polybutene Market, by Application, 2020–2027